Milbank has deep expertise in oil and gas transactions, advising on project development, financings, M&A, and regulatory matters across the value chain. Dan Bartfeld heads the team and is highly regarded for his energy M&A expertise, acting as a longstanding advisor to financial institutions, investment firms, and developers. Co-head Dan Michalchuk works with a range of sponsors and lenders on complex, large-scale project financings, with extensive experience in oil and gas and petrochemical ventures. Roland Estevez has recently been active on significant greenfield and brownfield financings in the upstream and midstream, while Sean O’Neill also comes recommended. All individuals are based in New York.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Incredibly strong group. Can effectively deliver across products. For financial sponsors they deliver a complete solution. We would highlight Roland Estevez.'

  • 'Milbank's Project and Energy Finance Law practice stands out as a powerhouse in the industry. This practice is distinguished by its deep expertise in complex, large-scale energy projects and its ability to navigate intricate financial structures. Potential clients would be particularly interested in the team's proven track record of handling high-value transactions, their global reach, and their comprehensive understanding of both traditional and renewable energy sectors. The practice's key strengths lie in its multidisciplinary approach, combining top-tier legal expertise with in-depth industry knowledge. This allows them to provide holistic solutions that address not just legal concerns, but also commercial and regulatory challenges.'

  • 'Dan Bartfeld, a distinguished partner at Milbank, stands out as a preeminent figure in the project finance and energy sector. His work on various portfolio company financings exemplifies his expertise and the value he brings to complex transactions. What sets Dan apart is his exceptional ability to navigate intricate financial structures while maintaining a keen understanding of the energy industry's nuances. His approach combines deep legal acumen with strategic business insight, allowing him to provide solutions that are not only legally sound but also commercially viable.'

Key clients

  • MUFG Bank, Ltd.
  • Mizuho Bank, Ltd
  • Truist Securities, Inc
  • Banco Bilbao Vizcaya Argentaria, S.A. New York Branch
  • ACB
  • Emerald Storage Holdings LLC
  • Carlyle
  • Investec Bank plc
  • KeyBank National Association
  • UIF GP, LLC / Ullico’s Infrastructure Fund’s

Work highlights

  • Represented MUFG Bank, Ltd. as Coordinating Lead Arranger, Initial Term Loan Facility Agent, Intercreditor Agent and Lender, and each other Lender participating in the financing in connection with the design, development and operation of the Woodfibre LNG facility, which includes large-scale natural gas treatment, processing and liquefaction facilities in Squamish British Columbia, Canada.
  • Represented Emerald Storage Holdings LLC, in connection with the incremental financing of an amount of $50 million to its existing Revolving Facility, also involving TD Bank entering the financing as a lender.

Lawyers

Practice head

Dan Bartfeld; Dan Michalchuk

Other key lawyers

Roland Estevez; Sean O'Neill